Remove 2030 Remove Construction Remove Technology
article thumbnail

What will it take to rekindle the senior housing market?

Housing Wire

population shows that by 2030, the 80-plus population is expected to increase by 4 million people to a total of 18.8 More than 560,000 new units are needed to meet all the demand by 2030, but only 191,000 will be added at current development rates, according to data service NIC MAP. The projected aging of the U.S. million nationwide.

article thumbnail

Home Depot Foundation invests $10M to assist veterans with aging in place

Housing Wire

The goal is to help them avoid homelessness by funding affordable housing construction, home repairs and adaptations as well as giving out financial assistance. Smart-home technology is becoming an increasingly important component of aging in place.

Investing 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2025 Forecast: Digital Tools Every Construction Business Needs

GoForrmz

Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 trillion by 2030, driven by technological advancements and increased demand for infrastructure. Yet, despite this growth, up from $7.28

Tools 78
article thumbnail

Top 5 Commercial Real Estate Trends in BC

D Fritz Appraisals

As the demand for more sustainable building construction grows in the industrial real estate sector, greener solutions like North Vancouver’s hydrogen liquefaction plant are becoming more common. High construction costs are affecting the supply on new builds and slowing down the release of new properties into the market.

article thumbnail

[National Safety Month] 3 Ways to Avoid Heat-Related Illness on Your Job Sites

GoForrmz

Heat-related illnesses are preventable, but still on the rise Heat-related illness, injury, and death may seem like a blatant risk factor for jobs in agriculture, construction, or even manufacturing. Managing construction site safety , specifically, means needing an intense focus on facilitating communication.

Training 147
article thumbnail

8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. The material and how it’s installed are critical to constructing a building and ensuring a tight building envelope. Waste Management A new construction project always results in a lot of waste.

article thumbnail

Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

There is another enhancement that many sellers may not consider: the addition of smart-home technology. The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. The benefits to both current and future homeowners are innumerable.